PPRuNe Forums - View Single Post - EK Provident Fund Being Moved To Dubai?
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Old 11th Jul 2018, 17:04
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TOGA!
 
Join Date: Jul 2007
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Originally Posted by trimotor
Low-grade rumour only at this point, though heard around the bazaars today that STC mooting movement of the Prov Fubd assets to Dubai, away from IoM.

That at would be cause for resignation...So why would this move be a good one? STC planning to raid the piggy bank or local government wants to tax it?

Discuss.
I emailed Nick F. I will post the answer here. I doubt the rumor.
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